Band Protocol - Cross-Chain Oracle solution & Chainlink Competition - Next 100X?

[BitMaver]

Moonbeam Integrates Band Protocol

Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, has completed the implementation of Band Protocol to bring decentralized and scalable cross-chain oracles to developers building on the Moonbase Alpha Testnet. With unrestricted access 150+ price feeds among other external datapoints supported on Band Protocol, both teams will be working to simplify the implementation process for Ethereum projects who wish to expand to Polkadot.

https://medium.com/bandprotocol/moonbeam-integrates-band-protocol-to-power-ethereum-compatible-smart-contracts-on-polkadot-ab3befd05b17

[1714961912]

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[BitMaver]

CoinGecko Formalizes New Partnership With Band Protocol to Support Band Standard Dataset and Phase 2

CoinGecko, one of the earliest and leading crypto data aggregators, has partnered with Band Protocol to provide highly accurate and reliable price feeds for over 6,000 unique crypto assets from over 400 exchanges. Trusted and utilized by the industry’s leading projects including Metamask, Trezor, Trust Wallet, amongst others — CoinGecko will be providing comprehensive crypto data on the newly launched Band Standard Dataset.

https://medium.com/bandprotocol/coingecko-formalizes-new-partnership-with-band-protocol-to-support-band-standard-dataset-and-phase-e2e24f6f778

[BitMaver]

Linear Finance Launches Synthetic Assets Exchange Secured by Band Protocol on Mainnet

Linear Finance, a cross-chain compatible derivative asset protocol to cost-effectively and instantly create, manage, and trade synthetic assets with unlimited liquidity has launched onto the Mainnet with the integration of Band Protocol!

With both teams working tirelessly in the last two months, users will find a synthetic asset trading experience that boasts frequently updated pricing from Band oracles for all assets, coupled with fast and cheap on-chain execution with fees in the mere cents on Binance Smart Chain.

https://medium.com/bandprotocol/linear-finance-launches-synthetic-assets-exchange-secured-by-band-protocol-on-mainnet-2d6cb727143d

[nira09]

Interesting update from Coinbase for Band Protocol.
Coinbase recently announced that BAND tokens have been listed on the Coinbase exchange, and now New York residents can log in to buy, sell, convert, send, receive, or store BAND tokens on Coinbase.
https://twitter.com/coinbase/status/1366533876437368837

[lonerangerh]

We are proud to share that Coinbase $COIN is now live on @Mirror_Protocol and secured by $BAND oracles! The total value secured by #BandProtocol in Mirror smart contracts has now surpassed $2.1B+.

https://twitter.com/mirror_protocol/status/1384596948552880130?s=21

Users can trade traditional equities and $COIN while earning 68%+ APR or more LP’ing mCOIN/UST on liquidity pools across chains.

terra.mirror.finance

[lonerangerh]

@ICONFiWorld, a digital asset savings platform with over $75 million in AUM and designed to provide simple and intuitive products for all users, will support $ICX & $BAND staking and integration of extensive price oracles provided by Band Protocol.

https://medium.com/p/cb6e2c89e97b/

ICONFi provides an intuitive gateway for staking and both, flexible and fixed savings products for the strongest digital assets, ICONFi automatically compounds interest earned 6 times a day - keeping savings and DeFi interaction simple for users.

With the $BAND integration supporting all savings and staking products with real-time reference price data, ICONFi users will be empowered to utilize a verified spot price for digital assets to make informed decisions increasing both reliability and transparency.

ICONFi will also be supporting $BAND staking natively on the platform, this means that users will be able to stake and participate in securing the BandChain decentralized oracle network without having to interact with block explorers, hardware or manually re-staking rewards

Band Protocol is excited to join ICONFi’s mission to bring DeFi and blockchain technology towards mass adoption through a consolidated simple, intuitive,W and easy-to-use platform. We are thrilled to contribute further to the growing @helloiconworld ecosystem

[LUCKMCFLY]

I find the article that talks about BAND / USDT very interesting where the price ranges from $ 11.5 to $ 20.62, in these moments of correction in the Bitcoin market, what action plan does the project have? Seeing the graph, the bears want to push the bullish effort of investors:


Source: https://cointelegraph.com/news/data-shows-traders-rushed-to-buy-altcoins-during-bitcoin-s-dip-to-50k


  may we now have some feature for investors to put their money in BAND to resist the bearish onslaught of Bitcoin? I have read many articles, and I think that the long awaited season of altcoins may begin, eth is taking a bullish turn, is it to be expected that the BAND of a bullish movement with more intensity? even stronger than this 15 and 16 of abril?

[NotHatinJustTrollin]

@yieldwatch a smart yield farming dashboard for monitoring and analytics with over 80,000 daily users, has integrated $BAND oracles for over 15+ fiat currency price feeds to enhance user experiences, reliability, and product scope.

With yieldwatch, DeFi users and enthusiasts retrieve all the relevant information at one glance including analytics on liquidity pools, yield farms, token staking on a user-friendly UI optimized for desktop and mobile use.

To create a robust analytics platform, applications must be able to display information from external sources in a constantly available, timely and accurate manner.

yieldwatch users can now consume data from up to 14 institutional-grade data sources supporting $BAND.

We look forward to collaborating with yieldwatch to implement Band Protocol oracles for crypto assets into their dashboard for the accurate and reliable pricing liquidity provider tokens and more to be revealed!

https://twitter.com/bandprotocol/status/1388104589207953411?s=21

[coinswebid]

BandChain Phase 2 (Laozi) — What’s New in Tech and Use-Cases

This article will discuss three major features in BandChain Phase 2 and the new use cases that opened up through Band Protocol.

• Streaming Revenue Feature for Data Providers
• Cross-Chain Feature: Inter-Blockchain Communication Protocol (IBC protocol)
• Throughput Optimization (8x Increase in Requests Per Block)

read the full article here https://medium.com/bandprotocol/bandchain-phase-2-laozi-whats-new-in-tech-and-use-cases-bd0bf6911dea

[Dalib]

Band Protocol is proud to share our community update for May. This month we have made significant progress towards the launch of Phase 2 and integrations with major DeFi leaders to secure an additional $1.6B+ in value within smart contracts.

Our updates for May include:
- 5,800,000+ Oracle Requests on BandChain
- BandChain Phase 2 live on testnet
- First major battle-test in production
- Additional $1.6B secured by $BAND Oracles

Our priority remains streamlined towards the successful launch of BandChain Phase 2. This includes working with  institutional-grade data providers to set up premium oracle scripts and connecting them with Band Protocol partners to begin implementation.


Read more : https://medium.com/p/c357f495ee63/

[SaveOurSea]

it looks like BAND does have the potential to go to 100x, for now ROI is still 10x from ATL, with pretty good liquidity,
BAND is also able to compete to be in the top 100, yes even though now BAND is still below the top 100 coinmarketcap,
but there is a big opportunity to reach the top 100 again in the future

[Dalib]

🚀 Congratulations to our partners at @Mirror_Protocol on the Mainnet launch of Mirror V2! Band Protocol is delighted to help the $MIR team to secure $2B in TVL for 24 mAssets and now, expand collateral to $MIR, $LUNA, $ANC with $BAND price oracles.

https://t.co/LVsszHGhY6

👉 The Mirror team has partnered with the leading DeFi applications across blockchain networks to broaden the usage of mAssets. These partners include @PancakeSwap, @realmaskbook, @SetProtocol, @Wing_Finance, and more who are implicitly relying on the performance of $BAND.

🔐  With more projects integrating mAssets, Band Protocol has proven to be battle-tested, surviving a wide range of market conditions including Black Wednesday and continues to be the primary oracle for Mirror Protocol as they continue to rapidly accelerate development.

⛳️ Moving forward, Band Protocol is proud to continue our partnership with Mirror Protocol and relationship with their community to bring price exposure to real-world assets on-chain. We are currently working on the next set of use-cases and mAssets to be listed on Mirror V2!

[Daltonik]

The Band Protocol network of decentralized oracles was unable to upgrade the BandChain blockchain to the second phase. Data supply channels and partners were not affected, no funds were lost, the project team assured. https://medium.com/bandprotocol/bandchain-laozi-mainnet-upgrade-post-mortem-4755b00c580e

[nira09]

The price of the BAND token has corrected very deeply, how do you see this situation? buy it now or wait for the market to improve
Bitcoin is still in a period of consolidation and has not yet determined its direction, will continue its correction or go back up, not many traders have entered the market because of this situation.